The global metal coatings market is expected to witness significant growth, during the forecast period. The growth in the global market is being driven by increasing industrial applications, high consumption of metal coatings in Asia-Pacific, growing automotive market in Asia-Pacific and growing construction industry in the developing nations.
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Thin films of protective material are glued to metals to enhance surface properties, such as color, optical properties, corrosion or oxidation resistance, attractive appearance, electrical resistance, wear resistance and thermal protection. It is extensively used in various industrial sectors to increase the metal life and reduce the maintenance cost.
On the basis of process, the metal coatings market has been segmented into hot dip galvanized, coil coatings and extrusion coatings. On the basis of technology, the global market has been segmented into liquid and powder coatings
Asia-Pacific is expected to be the fastest growing region in the global metal coatings market during the forecast period. The region is generating significant demand for metal coatings, owing to the fast-paced industrialization and increasing infrastructural development.
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Some of the key players in the global metal coatings market include PPG industries Inc., E. I. DuPont De Nemours and Company, Akzonobel N.V., BASF SE, Henkel AG & Co. KGaA, The Valspar Corporation, Kansai Paint Co. Ltd., Nippon Paint Holdings Co., Ltd., The Beckers Group and The Sherwin-Williams Company.
Global Metal Coatings Market Segmentation
By Process
- Hot dip galvanized
- Coil coatings
- Extrusion coatings
- Liquid coating
- Powder coating
- Fluoropolymer
- Polyurethane
- Polyester
- Plastisol
- Siliconized polyester
- Others
- Building & construction
- Interior
- Exterior
- Automotive & transportation
- Consumer goods & appliances
- Marine protective coatings
- Energy
- Others
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